WASHINGTON (Reuters) – Completion of a “phase one” U.S.-China trade deal could slide into next year, trade experts and people close to the White House said, as Beijing presses for more extensive tariff rollbacks, and the Trump administration counters with heightened demands of its own. U.S. President Donald Trump and Treasury Secretary Steven Mnuchin said […]
AUSTIN, Texas (Reuters) – President Donald Trump said on Wednesday after touring a plant that assembles Apple Inc (AAPL.O) computers that he was considering whether to exempt the U.S. company from tariffs on imports from China. “We’re looking at that,” Trump said in answer to a reporter’s question about the tariffs, after touring a plant […]
(Reuters) – Intel Corp (INTC.O) said on Wednesday it has not been able to keep up with the increasing demand for CPUs and said supply remained “extremely tight” in its personal computer business. “Despite our best efforts, we have not yet resolved this challenge,” the chipmaker said here in a letter, in which the company […]
(Reuters) – A little-used block of spectrum set aside for auto safety should be split to accommodate the rapidly growing number of wireless devices, the chairman of the U.S. telecoms regulator said on Wednesday, a plan that sets up a clash between two major industries. A block of the 5.9 GHz spectrum band was reserved […]
(Reuters) – Daimler will begin selling its electric Mercedes-Benz EQC in the United States early next year at a starting price of $67,900, the German carmaker said on Wednesday. The Mercedes-Benz EQC 400 4MATIC, which can also charge its batteries on the move, can recharge from 10% to 80% in 40 minutes, Mercedes-Benz USA said. […]
When you dig through the numbers behind the Liberal Democrat manifesto (and the party is to be commended for actually publishing its workings), two things immediately catch the eye. The first is the whopping amount the party wants to spend in the coming years – an eye-watering sum of £62.9bn extra a year on the […]
DUBAI (Reuters) – Emirates agreed to buy its first Boeing (BA.N) 787 Dreamliners in a last-minute, $9 billion deal at the Dubai Airshow on Wednesday while reducing its order for the U.S. planemaker’s delayed 777X model. The deal for 30 787-9 Dreamliners is part of a $25 billion shake-up of the airline’s fleet involving overhauls […]
(Reuters) – Target Corp (TGT.N) signaled a strong start to the holiday season and raised its full-year earnings forecast on Wednesday, betting on its aggressive push into faster delivery and investments in store revamps, sending its shares up 13%. The company also reported better-than-expected quarterly results on the back of strong demand for its apparel, […]
LONDON (Reuters) – World stocks were knocked off 22-month highs on Wednesday as a flare-up in Sino-U.S. tensions and the creeping return of U.S. recession fears fueled a bid for bonds and other “safe” assets such as gold. Wall Street futures were marked lower and European equities tumbled 0.8%, edging further off recent four-year highs […]
SAN FRANCISCO (Reuters) – Electric scooter company Superpedestrian on Wednesday said it had raised $20 million for its diagnostic software that can spot impending hardware failure, a major problem for scooter operators. Electric scooters have become a popular mode of transportation in many cities, but the vehicles tend to break in a matter of months, […]